We limit ourselves to two periods in the intertemporal model of the business cycle because
A) we need to concentrate on the two phases of the business cycle.
B) we can assume that people can live two periods of, say, 30 years.
C) this is all we need to emphasize the intertemporal trade-off.
D) we need an even number of periods.
Question 2
Forecasting the future path of real GDP by exploiting past statistical relationships
A) is never very reliable.
B) can be accomplished by the construction and use of an index of leading variables.
C) can be accomplished by the construction and use of an index of lagging variables.
D) can be accomplished by the construction and use of an index of coincident variables.
When the PCM commands 50% duty cycle, the oil flow through the phaser drops to zero.
Schematic view of the Calvin cycle
Model of Imperial Rome IN C. 324 CE
When operating your own business, it is wise to know your cost of capital and that of the ...
The torpedo model of eukaryotic transcription termination
Molecular model of homologous recombination in meiosis